refunds that may well reach 1 trillion USD could create substantive systemic credit risks that will have an impact on how treasuries are to be priced come Fall of 2026.
if the US Supreme Court rules otherwise, the irreversible precedent opens the way for future successive Presidents at 1600 Pennsylvania Avenue to deploy unilateral tools of tariffs as the indirect means to raise tax revenues against the backdrop of permanent growth in interest servicing portion of the current budget deficit of the United States of America.
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